News

O n Thursday morning, Chloe Chan rode her scooter a couple blocks up from the home she was catsitting at in Manhattan to pick ...
Starbucks shares are warming up in after-hours Tuesday following reports suggesting the coffee giant has drawn interest from ...
Mixue has grown into the world’s biggest food and beverage chain by selling sub-$1 drinks and adapting quickly as domestic ...
While Starbucks initially preferred to sell only a minority stake to a partner who could help revitalize growth in its Chinese market, the company is now considering selling a larger portion based on ...
Starbucks CEO Brian Niccol has previously said that the company “remains committed to China for the long-term” ...
Luckin, which was founded in Xiamen, China in 2017, quickly expanded to overtake Starbucks by number of storefronts in 2019.
Starbucks sales took a plunge in China due to the country’s strict Covid-19 restrictions. In the three months ending on July 3, sales at Starbucks’ Chinese locations open at least 13 months ...
The Starbucks rival opened its first two stores in New York City on Monday, as the Xiamen-based coffee purveyor sets out to ...
Luckin Coffee, China's fastest-growing coffee chain, launches first U.S. stores in New York City as it continues global ...
Starbucks says it has poured more than $200 million into a new campus in China, in a sign of how the Chinese consumer remains crucial to the global coffee chain despite a major economic slowdown.
Starbucks gets what most brands and retailers don't in China. Culture come first. Slick technology and great products are a must, but putting family, community and status/self identification first ...
Never mind that China is a tea-centric culture. For Starbucks, it's all about tapping into growth markets with room to run. The chain, which has more than 12,000 U.S. locations, now views China as ...